Grading My 2016 Predictions

Almost a year ago I made my 2016 energy predictions (see “My 2016 Energy Predictions.”) I have been making annual predictions for nearly a decade now, primarily as a framework for sharing my views on […]

The Top 10 Energy Stories Of 2016

A lot happened in the energy sector in 2016, with two major stories leading the way. Both the surprising election of Donald Trump to the presidency, and OPEC’s November announcement to curtail production vied for […]

20 Billion Barrels Of Oil Were Not Discovered In The Permian Basin

Some readers may have noticed that I haven’t been posting as many articles here as I have in the past, but it’s simply because I am busy keeping up with deadlines elsewhere. I have an […]

OPEC’s Announced Production Cuts Are A Big Deal

By now you have undoubtedly heard that late last month at OPEC’s 171st Ordinary Meeting in Vienna, the group announced that it would reduce output by about 1.2 million barrels per day (bpd) by January. […]

Where Hubbert Went Really Wrong On Peak Oil

If you happen to be interested in the topic of “peak oil”, you almost certainly know the name M. King Hubbert. While you may know that Hubbert is widely credited with accurately predicting the peak of […]

U.S. Gasoline Demand Surges To New Record

In last month’s Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) projected that it now expects record U.S. gasoline consumption this year: Motor gasoline consumption is forecast to increase by 130,000 b/d (1.5%) to 9.29 million […]

Midyear Prediction Check

In January of this year, as I do every year, I made several energy predictions for the upcoming year. (See My 2016 Energy Predictions). Now that half the year is in the books, I thought […]